Is Sayville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sayville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Sayville was a Neutral Market.

Key Takeaway

Sayville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sayville, NY

How much do homes in Sayville, NY cost?

Median Sold Price

$785,000

$424/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$82,250(+11.7%)

Key Takeaway

Homes in Sayville have sold for 11.7% more than they did a month ago.

Summary: The median home sold price in Sayville was $785,000 in December 2024, up 11.7% from last month, and the median price per square foot was $424.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $485K$560K
+15.5%
3 $687.7K$710K
+3.2%
4 $725K$862.5K
+19.0%
5+ --
N/A

Summary: Sayville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.

Housing Supply in Sayville, NY

How many homes are available in Sayville, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4948-2.0%

Summary: The Sayville real estate market had 48 homes for sale in December 2024, a 2.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 76
-14.3%
3 2422
-8.3%
4 1413
-7.1%
5+ 35
+66.7%

Summary: The Sayville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sayville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Sayville in December 2024, down by 25.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sayville, NY

How long does it take to sell a home in Sayville, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
24 Days25 Days+3.7%

Summary: Homes in Sayville had an average of 25 days on market in Dec 2024, up by 3.7% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sayville are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Sayville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Sayville, NY

Nearby Markets to Sayville, NY